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20130101
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at the stock market opening and of course we're watching the fiscal cliff this morning as everyone heads back to capitol hill. everyone looking for consensus. >> that being said. good morning. thank you for joining us. it's december 28th i'm brian flores. >> i'm claudine wong. pam and dave are off today. your time is 6:30. >>> oakland homicide rate for the year is up to 130 after a violent night. three people were killed in two separate incidents pap double shotting and -- two separate incidents. a double shooting and a stabbing. >> reporter: a man with cuts to his hands has been taken into custody. police are also trying to cuttrack down a second man for questioning. the man that may have been here when the killing took place. investigators still out here on scene. we're in the 5800 block of walnut street. up here is where officers found a man excuse me a woman stabbed to death inside a unit up on the second floor. police showed up here around 2:30 this morning when neighbors called 911. officers came here and found this woman with multiple stab wounds. she was dead here on scene. sergeant t
is scheduled to go off the so-called fiscal cliff. but there are some signs of compromise this morning. cbs reporter danielle nottingham on what both sides are now saying about that looming deadline. >>reporter: top congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1st. the president called the meeting constructive, but reminded lawmakers there's not much time left. >> we're now at the point where in just four days every americans' tax rates are scheduled to go up by law. >>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases, but
-called fiscal cliff, and lawmakers scrambling to come up with a solution. >> good morning darya protection live look at the roof cam downtown san francisco. it still looks like christmas. we are enjoying clear conditions. it is cold out there with the badgers in the '40's were the most part typical continue to drop about another five degrees approaching sunrise. >> localbundle up to the afternoon. the images will stay in the '50s as we head into the evening hours. mostly clear skies and dry conditions. here is a look at the numbers for those of you heading out. 39 degrees for fairfield. 41 for napa. mid-40s in richmond. temperatures will continue to drop. we are seeing mid '30's hovering right above the freezing mark for the portion of our protective valley. you may need to scrape your when should wipers. >> as we take a look at satellite and radar high pressure has built in of the area at least for the next day or so. after that we have wet weather in the forecast. temperatures today sitting around a 53 degree mark. i will break down your afternoon highs and what you to futurecast for my next
in san francisco. fiscal cliff talks will resume this morning in washington. when will have a live look from the senate floor. also inside the office of one of the richest man is on the planet. warren buffett. those stories and much more when the kron4 morning news continues. >> >> compared to yesterday that the nasty weather would not be the case today. high- pressure is in control and we will continue to see the sunshine and dry weather. not only this afternoon but clear conditions will continue into the evening hours. satellite and radar pictures look like mainly active whether it has shifted too our east. we are dry for now but we have changes to talk about as another storm is headed in our direction. i will break down full details and walk you through future cast four and my next report. >> it continues to be a pretty good ride even though we had a few minor incidents on the peninsula. they have cleared up now and the bay bridge ride and has a light traffic and no meat during lights. the quick check commute shows we're dealing with much much lighter than usual traffic. you'll not f
as he gets ready to confront the fiscal cliff facing the nation. >>> radar and satellite, a lot of cloud cover8dgcu radar try air now good -- dry air, good news if you are tired of the rain. tonight cooler than this morning more 30s inland, 30s and low 40s around the bay and towards the coast. chance of drizzle maybe a few sprinkles tomorrow morning. light rain tomorrow afternoon into the evening, scattered showers saturday, dry, brighter and slightly warmer sunday. >>> good morning many happy thursday. light traffic conditions. we have an injury accident with an overturn on theb?07v off-ramp south 680 at coopman, crews on scene i'my1w' not seeig significant slowing past that accident. southbound great highway in san francisco closed lincoln way to sloat due to drifting sand. some of your drive times right now, 24 from walnut creek, 101 out of santa rosa to novato, 680 corridor to the 580 junction moving at the limit, 15 minutes. >> san mateo bridge looking good, as you make your way 'dd the other direction as well. >>> 6:40. still ahead, president obama makes his return to the nation's
cliff. he boarded air force one overnight and will be arriving in maryland around 8:45 this morning. the president cut short his vacation. democrats and republicans have just four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> new senator representing hawaii will arrive on capitol hill today. lt. governor will fill the seat left vacant by the death of senator daniel inouye. he was chosen from a list of three yesterday. the 40-year-old has served as state lawmaker and chairman of the hawaii democratic party. he will serve until an election in 2014. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the international cycling<ç÷%Ñ union banned him from the sport for life. penalties came after the united states anti-doping agency hit him with similar sanctions for using banned substances. armstrong did not appeal. it appears he won't challenge this latest ban. >>> gun buy-back in los angeles is being called a huge success. you can see why. cars wrapped around several blocks as
cliff. senate majority leader this morning said it looks like that is where we are headed, certainly investors don't like to hear that. the white house has said that the president has made separate calls to congressional leaders as he heads back to dc to try to deal with the deadline. >>> this morning the labor department reported a better than expected report on the number of jobless claims, 350,000 people filed for first time unemployment benefits last week. that's down 12,000 from the week before. most economists expect that to hold steady from the week before but they warn that decline may be blown up because government offices were closed monday and tuesday. >>> and more sign that the economy is improving. the commerce department said sales of new homes rose 4.4% in november. americans bought new homes at the fastest pace in more than two and a half years. they said demand was up more than 15% from a year ago. >>> consumer confidence has fallen because people are so worried about that fiscal cliff. the index has hit the lowest level since august. the concern is over tax increase
away from the "fiscal cliff." he took the red eye from hawaii overnight. senators are set to work today on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is gettingismy for an agreement. its employees are writing "col together" on coffee cups in d.c. to try to encourage compromise. >>> hawaii's lieutenant governor brian shots will replace the late democratic senator daniel inouye who died of respiratory complications last week. on the day he died he wrote to the governor asking for a female representative to replace him. she made it to the final round of consideration but did not win the nomination. >>> and former president george h.w. bush is in intensive care at a houston hospital with a fever and cough. mr. bush was admitted to the hospital more than a month
"fiscal cliff" pushed stocks down for a third consecutive day. the dow lost 24 points thursday. the nasdaq fell 22. asian stocks are higher this morning after china's industrial companies showed profits. tokyo's nikkei gained 1% to finish at a 21-month high. hong kong's hang seng rose half a percent. >>> president obama returns to washington for one final effort to avert the so-called "fiscal cliff." with just five days left until the deadline and no sign of a compromise, congressional leaders are urging the senate to consider a bill that's already passed in the house that would extend existing tax cuts. >>> the us treasury department says it will start taking steps to postpone the government from hitting the $16.4 trillion debt limit the money the government can spend to finance its operations. >>> toyota will pay the biggest sum of money ever recorded for a car defect. the proposed $1 billion settlement will resolve a class action lawsuit for hundreds of toyota owners who claim unintended acceleration problems caused numerous crashes, injuries and even some deaths. >>> and chicago wins t
to try to reach a deal about the so-called fiscal cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban impos
going to go to lawrence first? we're just going to jump it. >> we've got grinches. >> fiscal cliff is not far om
as the nation moves closer to the the brink of the fiscal cliff with massive spending cuts and tax hikes cut to automatically kick in. lawmakers will get down to work starting at 10:00 this morning our time. senate negotiators are trying to come up with a last-minute compromise to present to the house. president obama says any bipartisan bill has to extend unemployment benefits, affecting some 2 million americans. he says it must increase taxes on the highest income earners. the president knows neither side is going to get everything they want, and he thinks it's time for house republicans to compromise. it is very important for republicans in congress to say we aren't going to get 100%, at the need to compromise in order to solve problems. >> if there is enough in the agreement for republicans to be able to support it, and we can get a majority of republicans in the senate and a majority of democrats in the senate, then i think there's a good opportunity for a majority of democrats and republicans in the house. >> well, the stock markets appear to be betting against a compromise deal. the d
to avoid the fiscal cliff. kyla campbell reports we are just hours away from automatic tax increases and government spending cuts. >> reporter: frustration is hitting a speak this morning after talking stalled last night. the house and senate will get back to work over the next few hours. senators have been trying to come up with a deal but with no luck. new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next paychecks. if this plays out long-term the average american middle class family stands to lose out on $2,000 to $3,000 over the next year due to the increased taxes. live in washington kyla campbell ktvu channel 2 news. >>> 5:14 meanwhile with all the focus on the
. there's the markets this morning. down about 83 points and everyone is blaming it on the fiscal cliff and watching washington and hoping they can find middle ground as we approach the ever impending dead line. well another sign that the housing market is improving the national association of realtors says pending home sales rose last month so it's highest level in two and a half years. pending sales rose nearly 2% in november and it's the third month in a row it has gone up. amazon says it had a very green christmas season. it announced it's 2012 holiday sales were the biggest ever. they had several record setting days including cyber monday when customers ordered 26 and a half million products. amazon isn't giving exact numbers but says sales of the kindle devices are it's top overall setters and says they set a record for digital downloads on christmas day and e reading is gaining popularity on all devices. nearly one quarter of all americans downloaded and read a book on an electronic reader this year up 7% from last year and the number of people reading traditional books dropped
a little bit as expected. some worry us about the fiscal cliff as it gets closer. the nasdaq and s&p 500 are both down as well. markets close at 10:00 a.m. pacific time. >>> if you still have christmas shopping to do, brian, you're not alone. you will be out there with a few others. a new survey shows 10% of all americans say they will still be in the malls today, christmas eve. some shoppers say they like the energy of shopping right up until the last minute. others say they hate the crowds, but they just couldn't get out to the stores any sooner. >>> and it turns out shoes are one of the most popular gifts this holiday season. shoppers say shoes are one gift they know will be used and the sizes are unlikely to change. footwear ranks fing. they weren't in the top ten last year. >>> the prelude to the lord of the rings movie is still the most popular movie in the u.s. >> the tiny hobbit is running circles around some of the biggest hollywood names. the hobbit and unexpected journey remains number one. >>> this is 40, rise to the gardens and lincoln rounded out the top five. >>> our photo
the nation heads over the fiscal cliff. we'll go to washington to see if lawmakers are any closer to cutting a deal and tell you what will happen if they don't. >>> but we begin this morning with a look at today's eye opener, your world in 90 seconds. >>> breaking news. hillary clinton will be celebrating the new year from a hospital bed. secretary of state clinton is hospitalized in new york city. >> after doctors
an extra 2%. if the so-called fiscal cliff is averted, the state will reimburse workers. payroll experts are telling private employers to wait for irs instructions and are advising workers to keep an eye out on their deductions. >>> new this morning, another winter storm expected to dump several inches of snow on the east coast today. showing you new video of the snow coming down at the nation's capitol, quite the whiteout there. 2 to 4 inches of snow expected to fall from southern illinois to new jersey. forecasters say this storm is expected to be smaller than the ones we have seen over the past week. and right now, some forecasters say snow covers about 64% of the ground in the lower 48 states. >>> good morning to you. outside our doors, we are mainly gray, but a little bit of snow falling over our local mountains as well. check out the camera for mount hamilton a moment ago, right about 4000 feet. we've got snow. we have a rain/snow mix down to about 2500 feet this morning. storm tracker 2, this is the storm. you can see as it is shifting south, it will continue to sink south over th
Search Results 0 to 16 of about 17